Archive for May, 2008
photo credit: aNantaB
A large percentage of the people who work in property management are freelance employees who only do the work part time. As a real estate owner, you’ll need to determine whether you are comfortable hiring someone who is only available part-time or whether you need to hire a property manager that can commit to the work on a full-time basis.
photo credit: Matthew Oliphant
Anyone who is interested in real estate investment knows that the most important thing you can have in this business (besides money) is good timing. Being able to get in a good bid on a house that just went on the market can make a big difference in the quality of the real estate that you’ll buy. In order to be able to have that good timing, the investor needs to be able to use the right tools to find real estate on an ongoing basis.
photo credit: thingermejig
One of the best parts of having a property manager on site at your rental properties is that they can handle most of the contractors that are needed at the property. A good property manager can take responsibility for screening contractors and recommending the best choice to the property owner. Additionally, the property manager can be entrusted with overseeing the work of contractors to make sure that things go smoothly.